4/A: Nxu, Inc. CFO Corrects Previous SEC Filing Regarding Restricted Stock Units
SEC Filing Amendment
Apoorv Dwivedi, CFO of Nxu, Inc., files an amended Form 4 to correct a previous report that incorrectly stated he was granted 91,575 Restricted Stock Units.
Summary
- Apoorv Dwivedi, the Chief Financial Officer of Nxu, Inc., filed an amended Form 4 with the SEC.
- The amendment corrects a previous filing from October 18, 2023, which incorrectly reported that Dwivedi was granted 91,575 Restricted Stock Units on October 15, 2023.
- The corrected filing indicates that Dwivedi beneficially owns 675,009 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing. While the initial error is a negative, the correction itself is a positive step towards transparency and accurate reporting.
Negatives
- A previous SEC filing contained incorrect information regarding the grant of Restricted Stock Units to the CFO.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Amendments are sometimes necessary to correct errors or omissions in previous filings.
Stakeholder Impact
- The correction of the SEC filing ensures that shareholders and potential investors have accurate information regarding the CFO's holdings.
Key Dates
| Date | Description |
|---|---|
| 10/15/2023 | Date of earliest transaction; date of incorrectly reported grant of Restricted Stock Units. |
| 10/18/2023 | Date of original Form 4 filing containing the incorrect information. |
| 04/19/2024 | Date of amended Form 4 filing to correct the error. |
Keywords
Form 4, Amendment, Restricted Stock Units, Beneficial Ownership, Nxu, Inc., Dwivedi, CFO
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